How do I protect my investments from a Market Crash like what happened in 1929?

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How do I protect my investments from a Market Crash like what happened in 1929?

How do I protect my investments from a Market Crash like what happened in 1929? I would also appreciate a recommended book that speaks on this subject.

2007-02-07 06:48:04 · 2 answers · asked by WPM 1 in Business & Finance ➔ Other - Business & Finance

2 answers

That's the risk of playing the market. There's no sure fire protection.

2007-02-07 06:55:23 · answer #1 · answered by csucdartgirl 7 · 0⤊ 0⤋

SORRY: Don't have a book, the 1929 market crash was because of the same market speculation that occurred with ENRON. In the first case we thought it could never happen. In the latter case we new it could happen, but would not believe when we were told that there was danger. Keep only part of your investments in the market, you will be able to buy when others are jumping out windows.

2007-02-07 14:54:39 · answer #2 · answered by whatevit 5 · 1⤊ 0⤋